Airlines Group Sees Total Revenue Passenger Miles Fall Off, Total Capacity Gain in November

American Airlines Group saw a slight dip in total revenue passenger miles in November down 0.2% to 16.8 billion, the airline said Friday.

During November, total capacity was up 0.1% to 20.8 billion available seat miles year-over-year, while total passenger load was down 0.3% year-over-year to 80.9%. The company said it is anticipating Q4 revenue per available seat mile will range between down 1% to up 1%, while the Q4 pre-tax margin will be between 6% and 8%.

The company said total revenue available seat miles outpacing prior guidance of down between 2.5% and 0.5%, with pre-tax margin also improving from prior guidance of 5% to 7%. Shares for American Airlines were last up 0.3% prior to the opening bell Friday.

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